270 Elk Hill Drive, Banner Elk, NC 28604 (MLS # 264023)
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Beautifully renovated property with incredible views of Banner Elk, Sugar Mountain, and Beech Mountain! Originally designed as two three-bedroom, three-bath units, the property is currently configured as four separate living spaces: two upper two-bedroom, two-bath units and two lower efficiency apartments. The spacious upper units feature vaulted ceilings, fireplaces, lofts, full kitchens, washer/dryers, window treatments, and mini-split systems. The upper-left unit has two mini-splits, while the upper-right unit has three. Both upper units are being sold furnished, with the exception of select artwork, décor, and the sellers' personal belongings. Each lower efficiency apartment includes a full kitchen with an electric range, refrigerator, garbage disposal, washer/dryer, full bathroom, and private deck. The efficiencies are being sold unfurnished and are currently rented. Completely renovated since purchase, this versatile property offers numerous possibilities and may be ideal as a duplex, triplex, four-unit rental property, spacious private residence, multigenerational home, guest accommodations, or employee housing. A detailed list of improvements for each unit is available in the documents folder. Additional features include two fireplaces, a 384-square-foot clean, unheated storage room located behind the lower-right efficiency, a covered carport accommodating approximately three vehicles, and additional parking on the adjoining vacant 0.11-acre parcel. The property and additional lot total approximately 0.39 acres. Electricity is currently metered as a duplex, and the annual road maintenance fee is $540. Conveniently located near ski resorts, restaurants, shopping, parks, and other High Country attractions, this property presents an excellent opportunity for an investor or anyone seeking flexible living and rental options. The virtual tour includes only the two upper two-bedroom, two-bath units. The lower efficiencies are shown in photographs only due to tenant occupancy and personal belongings. Advance notice is required to show the units. Tenants are month to month.
| DAYS ON MARKET | 1 | LAST UPDATED | 8/31/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1986 |
| COMMUNITY | 8-Banner Elk | COUNTY | Avery |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | Banner Elk |
|---|---|
| High School | Avery County |
| ADDITIONAL DETAILS | |
| AIR | Ductless |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Cooktop, Microwave, Refrigerator, Washer |
| AREA | 8-Banner Elk |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Wood Siding |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Ductless, Electric, Hot Water |
| HOA DUES | 540 |
| INTERIOR | High Speed Internet |
| LOT | 0.39 acre(s) |
| LOT DIMENSIONS | 0.39 |
| PARKING | Gravel, Paved, Carport, Driveway, Garage, Oversized, Private |
| SEWER | Public Sewer |
| STORIES | 3+ |
| STYLE | Contemporary, Mountain |
| SUBDIVISION | None |
| TAXES | 917 |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Private, Well |
| ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Linda Cramblit, Blue Ridge Realty & Inv. - Banner Elk, (828) 737-3100
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